Examples of Benefit Package Option in a sentence
The Plan Administrator, in its sole discretion and on a uniform and consistent basis, will decide whether there has been an addition of, or a significant improvement in, a Benefit Package Option in accordance with prevailing IRS guidance.
If coverage is “significantly curtailed” (as defined below), Participants may elect coverage under another Benefit Package Option that provides similar coverage.
The Employer, in its sole discretion and on a uniform and consistent basis, will decide whether there has been an addition of, or a significant improvement in, a Benefit Package Option in accordance with prevailing IRS guidance.
If coverage is significantly curtailed (as defined below), Participants may elect coverage under another Benefit Package Option that provides similar coverage.
The Mount Laurel zoning ordinance and municipal approval process included a variety of restrictions that made the development of affordable multi-family housing nearly impossible—in addition to residential zones that exclusively permitted single-family housing, these included features such as minimum lot sizes, amenity requirements, and large developer impact fees that significantly increased the cost of housing.